Mundra Port Q2 PAT seen up 26% at Rs 266 cr

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Mundra Port Q2 PAT seen up 26% at Rs 266 cr

Mundra Port SEZ is expected to report a profit after tax of Rs 266 crore in the second quarter of FY12, a growth of 26% as compared to Rs 212 crore in a year ago period.

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Mundra Port SEZ is expected to report a profit after tax of Rs 266 crore in the second quarter of FY12, a growth of 26% as compared to Rs 212 crore in a year ago period.

Total income during the same period is likely to go up 35% to Rs 559 crore from Rs 413 crore.

EBITDA is seen going up 37% to Rs 374 crore in the July-September quarter of FY12 versus Rs 274 crore in the corresponding quarter of last fiscal.

Operating profit margin is expected to be at 66.95% versus 66.19% year-on-year.

Expectations

Expect volume growth on the back of UMPP coal imports and crude for the GGSRL refinery

Expect full year volumes of about 73mn tonnes versus 53mn tonnes handled in FY11

Adani Enterprises owns 73% stake in MPSEZ